Wednesday, October 7, 2009

Aban, Market and US dollar

Hi all,


I am sorry to update this blog very often.

But very soon I will keep updating it on regular basis.

For the moment, one can buy Aban Offshore for a price target of Rs1985 and above and the stop loss would be 1555.

I reiterate buying HDIL with a stop loss at Rs316/- for a price target of Rs375/-.

Markets are expected to be range bound. However, I do not see any major corrections on the way.

New update on US dollar against Indian Rupee. The dollar is expected to go down further to Rs43/-.